The Daily Shot Brief – October 12th, 2020



Global Developments: This chart shows each central bank’s balance sheet as a percentage of the GDP.

Source: Deutsche Bank Research


United States: Small business activity remains well below last year’s levels.

Source: Opportunity Insights

US COVID-related hospitalizations are on the rise.

Source: Pantheon Macroeconomics


China: Inflows into sovereign bonds remain high, which has been supporting China’s currency.

Source: Goldman Sachs


Emerging Markets: With India’s inflation moderating, the central bank is likely to cut rates later this year.

Source: Pantheon Macroeconomics


Equities: The market is pricing in a Biden victory in November. Here is the relative performance of the “Biden basket.”

Further reading


Food For Thought: Polls in battleground states vs. 2016:

Source: ANZ Research

Edited by Daniel Moskovits

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